In other FinTech news, Deutsche Bank sticks with Misys, and SS&C and Bloomberg launch apps.
CFTC to Mull Add-On to Automated Trading Rule
The CFTC will hold an open meeting on Friday, Nov. 4, at 10 a.m. to consider a supplemental proposal to Regulation Automated Trading (Regulation AT), according to an announcement from CFTC Chairman Timothy Massad.
The CFTC Open Meeting will take place at the lobby-level hearing room at the headquarters of the regulator at 1155 21st Street, NW, Washington, DC 20581
“The meeting is open to the public with seating on a first-come, first-served basis. Members of the public may also watch a live webcast or listen to the meeting via conference call using a domestic toll-free telephone or international toll or toll-free number to connect to a live, listen-only audio feed,” according to the regulator.
For viewing/listening, the meeting will be available via a live webcast at the regulator’s website: cftc.gov. “To listen to the live audio feed, call the toll or toll-free numbers listed under related Links. Call-in participants should be prepared to provide their first name, last name and affiliation,” officials add. More information is at: http://bit.ly/2f1yJN9
Deutsche Bank Extends Agreement with Misys
Misys, a vendor of lending, treasury, trading and risk management solutions, has announced the signing of a five-year enterprise license agreement that gives Deutsche Bank “unrestricted access to deploy Misys FusionBanking Lending and Misys FusionCapital solutions across the business,” officials say.
“This new and strengthened agreement with Misys will help us to accelerate our technology transformation — making the bank simpler and more efficient,” says Mike Grimaldi, chief information officer, global markets at Deutsche Bank, in a statement.
A key part of the Misys contract extension is the streamlining of the bank’s front-to-back office operations to “reduce operational risk, grow and digitalize,” says Nadeem Syed, CEO of Misys, in a statement. The ongoing relationship should provide “greater flexibility and agility in how [the bank] deploys our Misys Fusion software portfolio,” Syed adds.
SS&C Launches Mobile App for Tamale RMS
SS&C Technologies, a financial services software and software-enabled services vendor, has released a new web-based, mobile application for Tamale RMS, officials say.
The Tamale mobile application targets those in the front office connect with the capability to provide “research anytime, anywhere,” officials say. “This release also features tools for viewing, filtering, and searching within proprietary research, and a dynamic relationship tree to view correlated research.”
End-users can use the app to create investment ideas and contacts remotely, attach documents, and access plug-ins to Microsoft Office and Adobe Applications, officials say. More 20 early adopter clients are already using the new functions, including Swift Run Capital Management. The mobile application is compatible with iOS devices and via any browser.
New Volatility App Available via Bloomberg Terminal
Global Trading Indicators, in collaboration with Global Securities Colombia, is making available a new technical analysis application on the Bloomberg App Portal that will focus on emerging markets, officials say. The app is available to subscribers of the Bloomberg Professional service (Terminal) globally at {APPS<GO>}.
Investors in Colombia and other emerging markets will be able to analyze drastic changes between the close of a day and the opening of the following day (GAPs) locally, says Agustín Vera Torres, quantitative strategies director, Global Securities, Colombia, in a prepared statement. This application is “particularly useful when immediate perspective is needed and European and Asian markets are closed,” Torres adds.
The GTIndicators App exploits the Volatility Explosion Relatively Adjusted (VERA) theory, “which adjusts the indicator signals when volatility explosions occur,” officials say. “The app is designed to warn when a moment of market explosion will occur, giving investors a signal so they can generate a new investment strategy.”
The main driver behind the app is the increasing frequency of abrupt market changes “such as gaps and high volatility,” Torres says. “Technological developments accelerate and, in some cases, have magnified reactions to unpredictable events. This tool will improve the management of investment strategies.”
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